Nov
17
Grupo Financiero Galicia (NASDAQ:GGAL) has received an average broker rating score of 2.25 (Buy) from the four analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong sell rating, one has assigned a buy rating and two have given a strong buy rating to the company.
Analysts have set a one year consensus target price of $40.00 for the company and are forecasting that the company will post $0.73 EPS for the current quarter, according to Zacks. Zacks has also assigned Grupo Financiero Galicia an industry rank of 96 out of 265 based on the ratings given to its competitors.
A number of analysts recently issued reports on GGAL shares. Raymond James upgraded shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 target price for the company in a research note on Monday, July 20th. Piper Jaffray raised shares of Grupo Financiero Galicia from a “market perform” rating to an “outperform” rating and set a $30.00 price target for the company in a report on Monday, July 20th. Finally, Zacks raised shares of Grupo Financiero Galicia from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Wednesday, October 7th.
Grupo Financiero Galicia (NASDAQ:GGAL) opened at 27.31 on Tuesday. The firm has a market cap of $3.55 billion and a PE ratio of 8.58. Grupo Financiero Galicia has a one year low of $13.81 and a one year high of $27.98. The stock has a 50 day moving average of $22.31 and a 200 day moving average of $20.67.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL) is a financial services holding company. Banco de Galicia y Buenos Aires S.A. (Banco Galicia) is the Firm’s largest subsidiary. Banco Galicia is a bank that supplies, directly or through its subsidiary companies, a selection of financial services and products to big corporations, medium and small sized firms (SMEs), and people. Through the operating subsidiaries of Tarjetas Regionales S.A., a holding company wholly owned by the Bank, the Business supplies brand credit cards and consumer finance services throughout Argentina. Through Sudamericana Holding S.A. and its subsidiaries (Sudamericana) it supplies insurance products in Argentina. It offers financial services through a distribution program amongst private-sector financial institutions in Argentina.
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